Replies to post #298168 on Plastic2Oil Inc (PTOI)

[100% CORRECT DD]

So what is a 12 percent annual return on a few million dollars? Quite a pretty penny I'd say.

Base amount: $3,000,000.00
Interest Rate: 12%
Effective Annual Rate: 12.68%
Calculation period: 3 years

1 $380,475.09 $380,475.09 $3,380,475.09
2 $428,728.86 $809,203.95 $3,809,203.95
3 $483,102.41 $1,292,306.35 $4,292,306.35

And after 4 years:
4 $544,371.88 $1,836,678.23 $4,836,678.23


Just incase he compounded the interest yearly not monthly like above:

(interest compounded yearly - added at the end of each year)
Year Year Interest Total Interest Balance
1 $360,000.00 $360,000.00 $3,360,000.00
2 $403,200.00 $763,200.00 $3,763,200.00
3 $451,584.00 $1,214,784.00 $4,214,784.00
4 $505,774.08 $1,720,558.08 $4,720,558.08


Might as well add this in there as well:

Share Statistics
Avg Vol (3 month) 56.12k
Avg Vol (10 day) 48.71k
Shares Outstanding 124.76M
Float 121.76M
Valuation Measures
Market Cap (intraday) 6.24M

No need for hearsay here's where the numbers come from:

1 Data provided by Thomson Reuters.
2 Data provided by EDGAR Online.
3 Data derived from multiple sources or calculated by Yahoo Finance.
4 Data provided by Morningstar, Inc.
5 Shares outstanding is taken from the most recently filed quarterly or annual report and Market Cap is calculated using shares outstanding.
6 EBITDA is calculated by Capital IQ using methodology that may differ from that used by a company in its reporting.